Technical analysis - Page 243

• FTSE 100 broke daily up channel • Likely to fall to support level 0.6900 FTSE 100 index recently broke the support trendline of the narrow daily up channel from May – which accelerated the active minor retracement (iv). The.

• AUDUSD broke support area • Likely to fall to support level 0.7400 AUDUSD recently broke the support area lying between the major  support level 0.7530 (low of wave (A) from May) and the 50% Fibonacci correction of the upward.

• GBPUSD broke support area • Likely to fall to support level 1.3750 Sterling under the bearish pressure after the price broke support area lying between the support level 1.3850 (former minor support from May) and the 61.8% Fibonacci correction.

• Gold under bearish pressure • Likely to fall to support level 1760.00 Gold under the bearish pressure after the price broke support area lying between the support level 1812.00 (low of wave (iv) form May), 100-day moving average and.

• EURUSD broke support area • Likely to fall to support level 1.1870 EURUSD recently broke support area lying between the major round support level 1.2000 (which has been reversing the price from April) and the 50% Fibonacci correction of.

• AUDJPY broke support area • Likely to fall to support level 83.00 AUDJPY recently broke the support area lying between the support level 84.00 (which has been reversing the price from the start of May) and the 50% Fibonacci.

• EURCAD reversed from resistance area• Likely to fall to support level 1.4675 EURCAD recently reversed down from the resistance area lying between the resistance level 1.4785 (which has been reversing the price from the start of May), upper daily.

• Wheat reversed from support area• Likely to rise to resistance level 700.00 Wheat recently reversed up from the support area lying between the support level 644.00 (which stopped the sharp downward correction in May), lower daily Bollinger Band and.

• Copper broke support area • Likely to fall to support level 425.00. Copper recently broke the support area lying between the support level 443.00 (low of the previous corrections (iv) and A), 50-day moving average and the 50% Fibonacci.

• EURAUD reversed from support area • Likely to rise to resistance level 1.5830 EURAUD currency pair recently reversed up from the support area lying between the support level 1.5675 (former resistance level, which has been reversing the pair from.

• USDJPY reversed from support area • Likely to rise to resistance level 110.30 USDJPY currency pair recently reversed up from the support area lying between the support level 109.40 (which has been reversing the pair from the end of.

• CADJPY reversed from support area • Likely to rise to resistance level 91.00 CADJPY currency pair recently reversed up from the support area lying between the round support level 90.00 (which has been reversing the pair from the start.